JARTX vs. JNSTX
JARTX (Janus Henderson Forty Fund) and JNSTX (Janus Henderson Short Duration Flexible Bond Fund) are both mutual funds - JARTX is a Large Cap Growth Equities fund managed by Janus Henderson, while JNSTX is a Short-Term Bond fund managed by Janus Henderson. Over the past 10 years, JARTX returned 16.24%/yr vs 2.21%/yr for JNSTX. At a 0.03 correlation, their price movements are largely independent. JARTX charges 1.20%/yr vs 0.53%/yr for JNSTX.
Performance
JARTX vs. JNSTX - Performance Comparison
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Returns By Period
In the year-to-date period, JARTX achieves a 0.94% return, which is significantly lower than JNSTX's 1.13% return. Over the past 10 years, JARTX has outperformed JNSTX with an annualized return of 16.24%, while JNSTX has yielded a comparatively lower 2.21% annualized return.
JARTX
- 1D
- -2.65%
- 1M
- -2.72%
- YTD
- 0.94%
- 6M
- -0.12%
- 1Y
- 12.47%
- 3Y*
- 19.71%
- 5Y*
- 8.45%
- 10Y*
- 16.24%
JNSTX
- 1D
- 0.35%
- 1M
- 0.71%
- YTD
- 1.13%
- 6M
- 1.52%
- 1Y
- 4.62%
- 3Y*
- 5.32%
- 5Y*
- 2.18%
- 10Y*
- 2.21%
JARTX vs. JNSTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JARTX Janus Henderson Forty Fund | 0.94% | 17.88% | 27.76% | 39.50% | -33.81% | 22.30% | 38.69% | 36.30% | 1.10% | 29.05% |
JNSTX Janus Henderson Short Duration Flexible Bond Fund | 1.13% | 5.89% | 5.27% | 4.67% | -5.44% | -0.09% | 4.81% | 4.09% | 0.90% | 1.28% |
Correlation
The correlation between JARTX and JNSTX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2010 | 0.03 |
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Return for Risk
JARTX vs. JNSTX — Risk / Return Rank
JARTX
JNSTX
JARTX vs. JNSTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Forty Fund (JARTX) and Janus Henderson Short Duration Flexible Bond Fund (JNSTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JARTX | JNSTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.60 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | 3.38 | -2.60 |
| Martin ratioReturn relative to average drawdown | 2.49 | 15.15 | -12.66 |
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Drawdowns
JARTX vs. JNSTX - Drawdown Comparison
The maximum JARTX drawdown since its inception was -56.70%, which is greater than JNSTX's maximum drawdown of -8.11%. Use the drawdown chart below to compare losses from any high point for JARTX and JNSTX.
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Drawdown Indicators
| JARTX | JNSTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.70% | -8.11% | -48.59% |
Max Drawdown (1Y)Largest decline over 1 year | -19.19% | -1.37% | -17.82% |
Max Drawdown (3Y)Largest decline over 3 years | -22.22% | -1.37% | -20.85% |
Max Drawdown (5Y)Largest decline over 5 years | -41.09% | -8.11% | -32.98% |
Max Drawdown (10Y)Largest decline over 10 years | -41.09% | -8.11% | -32.98% |
Current DrawdownCurrent decline from peak | -7.22% | 0.00% | -7.22% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -0.92% | -15.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.00% | 0.31% | +5.69% |
Volatility
JARTX vs. JNSTX - Volatility Comparison
Janus Henderson Forty Fund (JARTX) has a higher volatility of 8.02% compared to Janus Henderson Short Duration Flexible Bond Fund (JNSTX) at 0.86%. This indicates that JARTX's price experiences larger fluctuations and is considered to be riskier than JNSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JARTX | JNSTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 0.86% | +7.16% |
Volatility (6M)Calculated over the trailing 6-month period | 14.98% | 1.99% | +12.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.78% | 2.72% | +16.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.21% | 3.21% | +19.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.54% | 2.79% | +18.75% |
JARTX vs. JNSTX - Expense Ratio Comparison
JARTX has a 1.20% expense ratio, which is higher than JNSTX's 0.53% expense ratio.
Dividends
JARTX vs. JNSTX - Dividend Comparison
JARTX's dividend yield for the trailing twelve months is around 13.53%, more than JNSTX's 4.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JARTX Janus Henderson Forty Fund | 13.53% | 13.65% | 11.51% | 9.10% | 0.06% | 10.26% | 8.38% | 7.05% | 8.95% | 14.50% | 6.57% | 15.93% |
JNSTX Janus Henderson Short Duration Flexible Bond Fund | 4.88% | 4.65% | 4.76% | 3.12% | 1.92% | 1.55% | 2.05% | 2.33% | 2.24% | 1.61% | 1.24% | 1.30% |
Frequently Asked Questions
JARTX and JNSTX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JARTX has higher volatility (8.02%) compared to JNSTX (0.86%). In terms of maximum drawdown, JARTX dropped -56.70% vs JNSTX's -8.11%.
JNSTX currently has the higher Sharpe Ratio (1.70 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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